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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 162,177 $ 130,548 [1]
Federal funds sold 74,294 43,903 [1]
Securities available for sale, at fair value 375,484 373,532 [1]
Restricted equity investments 8,385 8,334 [1]
Other equity investments 23,943 14,184 [1]
Other investments 16,010 12,681 [1]
Loans held for sale 41,004 121,943 [1]
Paycheck Protection Program loans, net of deferred fees and costs 22,853 30,406 [1]
Loans held for investment, net of deferred fees and costs 1,843,344 1,777,172 [1]
Less allowance for loan losses [1] (12,013) (12,121)
Loans held for investment, net 1,831,331 1,765,051 [1]
Accrued interest receivable 9,505 9,573 [1]
Other real estate owned 74 157 [1]
Premises and equipment, net 24,668 26,624 [1]
Right-of-use asset 6,766 6,317 [1]
Bank owned life insurance 46,817 46,545 [1]
Goodwill 26,826 26,826 [1]
Other intangible assets 7,455 7,594 [1]
Mortgage derivative asset 2,063 1,876 [1]
Mortgage servicing rights, net 27,691 16,469 [1]
Mortgage brokerage receivable 430 4,064 [1]
Assets of discontinued operations 0 1,301 [1]
Other assets 16,808 17,211 [1]
Total assets 2,724,584 2,665,139 [1]
Deposits:    
Noninterest-bearing demand 766,506 706,088 [1]
Interest-bearing demand and money market deposits 978,650 941,805 [1]
Savings 152,105 150,376 [1]
Time deposits 456,820 499,502 [1]
Total deposits 2,354,081 2,297,771 [1]
FHLB borrowings 10,108 10,111 [1]
FRB borrowings 15,211 17,901 [1]
Subordinated notes, net 39,970 39,986 [1]
Lease liability 8,038 7,651 [1]
Other liabilities 18,694 14,543 [1]
Liabilities of discontinued operations 0 37 [1]
Total liabilities 2,446,102 2,388,000 [1]
Commitments and contingencies (Note 12)
Stockholders’ Equity:    
Common stock, no par value; 25,000,000 shares authorized; 18,771,065 and 18,774,082 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 194,679 194,309 [1]
Additional paid-in capital 252 252 [1]
Retained earnings 105,027 85,982 [1]
Accumulated other comprehensive loss, net of tax (21,476) (3,632) [1]
Total Blue Ridge Bankshares, Inc. stockholders' equity before noncontrolling interest 278,482 276,911 [1]
Noncontrolling interest of discontinued operations 0 228 [1]
Total stockholders’ equity 278,482 277,139 [1]
Total liabilities and stockholders’ equity $ 2,724,584 $ 2,665,139 [1]
[1] Derived from audited December 31, 2021 Consolidated Financial Statements.